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Bitcoin correction? Or just consolidation?

President-elect Joe Biden has a plan for more stimulus, as well as a path to 100 million vaccinations in the first 100 days of his presidency. Meanwhile, bitcoin is falling below $40,000, losing as much as 10 percent at times over the past day. However, some believe the price could go back up once more stimulus comes from the Biden administration. Others say this is just part of bitcoin’s volatility. Then, Holland Cooke gives us a sneak peek at the Consumer Electronics Show, which is completely virtual this year. The CES is showing off the future of the car industry, as well as gadgets to make things a little easier during the pandemic.

Bitcoin correction? Or just consolidation?
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.